Monday, April 27, 2015

China is now Apple's top foreign market

China is now Apple's biggest market outside the U.S. In today's earnings report, Apple said that revenue from the Greater China region was $16.8 billion, ahead of Europe, which came in at $12.2 billion. The United States is still the company's biggest region with $21.3 billion in sales. Last quarter, Apple boasted of doubling its Chinese revenues year over year, and said that over 70% of iPhone buyers in China were first-time buyers, meaning the market was not close to saturated yet.  Last...-> read more
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